Esports in 2022
If you’d mentioned that you were a fan of this new-fangled concept called ‘esports’ ten years ago, you’d likely have been laughed out of the room. It was thought of as a passing fad; a trend, fuelled by basement-dwelling loners, desperate to make money playing video games.
Today, the esports industry is a dominating titan; an overwhelming powerhouse of value, entertainment, and excitement. In the last decade, the esports industry, from end-to-end, has undergone dramatic growth, and by 2024, it’s expected to be worth more than $2 billion.
Every year, the esports industry is both breaking and setting records. As a progressive, dynamic, and developing industry, esports has proven its ability to attract and retain millions upon millions of fans, not all of which are gamers themselves. At the highest level, esports tournaments can be worth tens of millions of dollars, boast untold opportunities for fans and players, and receive concurrent viewer counts that rival most traditional sporting events.
It’s a passionate business and the pool of players, organisations, sponsors, and platforms is richer than ever before – and growing. Whether you’re a League of Legends betting fan or an avid follower of top-tier Dota 2 tournaments like The International, there’s something in esports for everybody to enjoy.
In 2022, esports will continue to grow and reach new heights – and as an esports fan, you’re an integral part of that growth.
As we become a more digitalised civilisation on a global scale, industries like esports will continue to grow immeasurably. In recent years, we’ve seen an unstoppable boom in the popularity of both esports tournaments and gaming in general. It’s estimated that there are some 2 billion regular gamers around the world, across all platforms, proficiencies, and demographics.
There can be no doubting the growth and overall popularity of the esports industry. It’s such a strong vertical that top-tier investors and high-profile organisations have got involved, through the likes of investments, sponsorships, and the outright acquisition of gaming teams.
Today, some of the world’s hottest esports tournaments and leagues boast higher value overall than some traditional sports competitions. For instance, 2021’s The International boasted a prize pool worth more than $40 million – a world record for esports.
There are many players out there who have become multi-millionaires through competing at the highest level in esports. In 2022, more up and coming stars will join those lofty ranks, playing on the grandest stages in the industry.
For centuries – maybe millennia – we’ve seen evidence supporting the inherent competitiveness of the human race. There’s nothing that makes a person more passionate or excited than the prospect of competition, whether they’re a competitor themselves or an avid fan. This translates remarkably well into esports, which at its core is competitive, and at a foundational level, the fans know, love, and experience the very games they’re watching unfold before them.
Furthermore, esports as an industry is dramatically accessible. At any point, whether you’re watching a high-octane CSGO event or a top-tier Overwatch tournament, all you need to do is open a page on Twitch or YouTube. For the time being, almost every esports event in the world is free to watch and enjoy – meaning almost every single person on the planet has the ability to do so.
It’s definitely something to keep an eye on through 2022, as the unstoppable rise of both esports and gaming will give way to more high-profile competitions and opportunities.
A Personal Touch
As we’ve already said, esports is truly one of the most accessible industries in the world. If you’re good at a game, you can compete – it’s essentially that simple. It’s way more accessible than the highest echelons of top-tier sports like soccer and basketball, but the gaming superstars of the day can be just as recognisable as the hottest sports personalities.
Once upon a time, ‘esports events’ were nothing more than small-time, localised LAN parties. They would be hosted in homes, small studios, hired venues, and in the backs of video game stores. Today, they’re taking over venues like Madison Square Garden, the Beijing National Stadium, and the Spodek Arena in Katowice.
However, despite this insane growth (which is still ongoing in 2022), esports still has a grassroots feel to it – and that’s where the fans can truly connect. They understand that the players they’re watching were once upon a time like them – totally new to the game. They’re inspirational, and some of the top-tier gaming organisations boast millions of dedicated followers that are eager to represent them.
For instance, every year, FaZe, arguably the most recognisable brand in gaming, hosts contests to discover fresh, new talent. It’s open to every player in the world, and tens of thousands of gamers put in their application – and honestly, as long as you have the in-game skill, anybody can win.
Despite being millionaire gaming experts, the professional gamers of the esports world tend to remain accessible by default. Even the brightest stars in the industry connect with their community, often through streams, social media, and competitions. For the most part, the esports industry is made up of younger competitors, so the bulk of the audience – also young people – finds yet another way to connect with the players they’re spectating.
There are countless opportunities arising every day in the esports industry, and not just for players. As organisations and platforms grow, there are countless job openings popping up all around the world. These days, working in esports is as lucrative and sensible as stepping into any traditional industry.
The Future of Esports
The future of esports is a bright one – especially as we move into 2022. Every year, countless new titles are developed and released, and the top esports franchises still boast player counts in the millions. For instance, CSGO, Dota 2, and League of Legends top the charts in terms of overall player count, and they’re all several years old.
With the constant emergence of fresh titles, the world of esports can remain diverse and dynamic. Every year, there are new rulesets, competitions, prize pools, players, and teams that take to the grandest stages all around the world. It doesn’t stagnate, it doesn’t get boring, and it doesn’t stay the same.
As time goes on, the industry will continue to evolve, and other competitive titles will enter the landscape. It’s hard to know which of them will be the ‘next big thing’, and which will be a ‘flash in the pan’, but they all make an impact in some way, shape, or form.
What will your connection to the esports industry be in 2022? Will you take part in betting on the world’s hottest esports tournaments, or will you work your way up to potentially compete in them? Will you follow your favourite team onto the ultimate stage, or will you apply to become the next top esports presenter, commentator, developer, or journalist?
There’s a whole world out there, just waiting to be explored.
Most Wanted, a special Fortnite event, is now live. Launched after the v23.40 update in Fortnite Chapter 4: Season 1, players can earn various rewards by unlocking Cold Blooded Vaults and participating in the Most Wanted Quests during the limited-time event. This event started on February 14 and will end on February 28, meaning that players have two weeks to win all of these rewards. https://twitter.com/FortniteGame/stat [...]
Crypto-betting sites have been causing some VALORANT players to throw off ranked matches to win bets. These sites allow players to bet on the outcome of competitive matches using cryptocurrency. For example, they can bet on a streamer to lose a game when they are on the same team, which is why they intentionally throw off matches. They can also bet on an enemy team to win. In this scenario, they intentionally cause their team [...]
SantosBrat from Russia has earned $15,000 and digital airdrop prizes after prevailing over fellow Web3 esports players RocketMoneyH and SemestaNami in the first season of Era7's World Cup Tournament. The tournament saw thousands of players from around the world enter, but only 1,296 qualified for the playoffs. That 1,296 was later cut down to 128 for the knockout and final rounds, which received over one million views from [...]
Web3-focused esports team META8 emerged triumphant in the two largest Axie Infinity events, including the recently concluded Axie Infinity's first World Championship, and took home a combined $229,000 in winnings. Theeban "1437" Siva was a dominant force in the Axie Infinity "Origins" tournament at AxieCon, claiming the title without dropping a single game. He previously competed in other esports titles such as Dota 2 on well- [...]
Welcome to our guide that shows you where you can get the best LoL Worlds odds. LoL Worlds is the largest esports tournament on Earth, and so all bookmakers will be trying to put on the best possible LoL Worlds 2022 odds. We’ve shortlisted those LoL betting sites that can be relied upon to give you the best price for your LoL Worlds betting. Take a look below to see the League of Legends bettings sites with superior odds fo [...]
Want to bet on LoL Worlds 2022? You’re in the right place as this whole page will show you what LoL Worlds betting is all about. From examining the LoL World 2022 format to showing you where to watch LoL World 2022, it’s all here. So take a look below to get acquainted with the LoL 2022 Worlds schedule and start League of Legends Worlds betting! LoL Worlds has a special place in the esports ecosystem. Not only does it consi [...]
In order to expand its offerings, Wisdom Gaming has established a new division called Wisdom Labs. The new division will focus on developing Web3 applications for other game companies. The new division is set up to enhance the company's product and internal offerings. These include the production of virtual reality and augmented reality broadcasts. Moreover, Wisdom Labs is aimed to enhance the company's broadcast offerings by [...]
PepsiCo's popular soft drink brand Mtn Dew is partnering with esports powerhouse New York Excelsior in hosting a live watch party for Call of Duty League New York Subliners Major IV in the Decentraland Metaverse from July 14 to 17. Other than the major tournament, the watch party is also featuring all of the competing CDL teams so viewers can tune in to the entirety of the tournament. There are also contests and prizes such as [...]
Loco, India's fastest-growing live game streaming and esports provider, has introduced "Legends", the country's first non-fungible esports token platform. On the platform, users will be able to own and trade collectible assets, allowing them to grow their fanbases and enjoy the excitement of esports explorers. Legend, in collaboration with Loco, lays the groundwork for game developers to decentralize in order to commit to the [...]
PUBG Mobile, a popular free-to-play battle royale title developed by LightSpeed & Quantum Studio and KRAFTON, recently reached its highest record of in-game player spending on both App Store and Google Play at over $7 billion. There are two likely reasons for PUBGM’s new milestone. First, the global phenomenon title received huge sponsorships via its large professional esports scene, and second, the game's popular and v [...]